Ripple, Technical Analysis, Oct/21/2017, Short Term Bearish
Bitstamp has the longest trading history for XRPUSD so I mostly analyze this pair with this exchange.
The price was heavily rejected above 0.28000 in the recent breakout, and we see a huge wave of profit taking / stop loss in the past few days.
At 0.20600-0.21000 we should see some consolidation and hopefully there is good support.
If this price zone failed to stop the downward momentum, we may see 0.16000-0.17000 level in a short time. In an extreme case, 0.13000 level is possible.
were did u learn ta?
Hi gillzo! Mr. Market charged me huge sum of money! lol
lel, have u made much money? of his ta
sadly no... made some and lost more lol
so i am learning to make profit
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It looks like it is headed to 0.1985
https://www.tradingview.com/x/Lpb5Grjj/
True! And we need to see how traders action when price reach there.